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13305 Lee HwyCentreville, VA 20121
7-Eleven
Asset ClassRetail
Cap Rate4.5%
Square Feet: 2,652Cap Rate: 4.5%Year Built: 1987Access Data Room
7-Eleven | Exceptional Northern VA Corner | Fee Simple
overview of deal

Overview

Marcus & Millichap, on behalf of Ownership, is pleased to present the opportunity to acquire a 1.32 acre “covered land” parcel along a heavily traveled Fairfax County commuter corridor presently leased to the investment grade, international convenience store chain, 7-Eleven. 7-Eleven has operated at this location since 1986 (without gas), and re-signed a 20-year lease that commenced on December 1, 2006. In October of 2025, ownership conceded its efforts to assemble and develop this site in concert with the neighboring parcels. The proposed redevelopment would have re-incorporated 7-Eleven with its newest gas prototype, and added shop space to the assembled parcels. Ultimately ownership elected to restructure the lease with the tenant and secure more term. 7-Eleven now has approximately 10 years of term remaining through November 30, 2036, with two additional five-year options that could carry occupancy through November 30, 2046.

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